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7:22 am, October 21, 2014

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Sequestration, budget cuts taking their toll on DoD financial managers

DoD's senior executives with responsibility for budget matters report a sudden decline in job satisfaction. No surprise: sequestration's mostly to blame.

Tags: DoD , management , sequestration , American Society of Military Comptrollers , Lou Crenshaw , Grant Thornton , workforce , auditability , Jared Serbu

Thursday - 06/20/2013, 05:50am EDT

OMB sets new deadlines to improve data on USASpending.gov

Deputy Controller Norman Dong issued a memo to CFOs detailing steps they must take over the next 17 months better track and validate data between agency financial systems and the USASpending.gov portal.

Tags: OMB , Norman Dong , USASpending.gov , Jason Miller

Thursday - 06/20/2013, 07:00am EDT

Sequestration, budget cuts taking their toll on DoD financial managers

DoD's senior executives with responsibility for budget matters report a sudden decline in job satisfaction. No surprise: sequestration's mostly to blame.

Tags: DoD , management , sequestration , American Society of Military Comptrollers , Lou Crenshaw , Grant Thornton , workforce , auditability , Jared Serbu

Thursday - 06/20/2013, 06:54am EDT

DoD using flawed approach to calculate $1.1B in improper payments

The Defense Department reported making just $1.1 billion in improper payments in fiscal 2011, a small fraction of the Pentagon's total outlays of more than $1 trillion. But, in a new report, the Government Accountability Office said those estimates are neither reliable nor statistically valid because of "longstanding and pervasive" weaknesses in DoD financial-management practices as well as specific deficiencies in the department's procedures for estimating improper payments.

Tags: GAO , improper payments , DoD , Asif Khan , In Depth , Francis Rose , Jack Moore

Monday - 06/10/2013, 05:49pm EDT
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New data could be difference-maker for move to shared services

OMB and Treasury have been working with the four federal financial management shared services providers to collect information on cost and performance. OMB Deputy Controller Norman Dong said the data will help agencies make true comparisons of the providers.

Tags: Norman Dong , technology , OMB , Lisa Schlosser , AGA , AFFIRM , shared services , Treasury , Jason Miller

Friday - 06/07/2013, 05:26am EDT
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Do Not Pay list lacks data as implementation nears

Senate lawmakers are promising to change the laws to let agencies have easier access to the Death Master File and other key databases. Starting June 1, agencies must check the Do Not Pay list before issuing any money.

Tags: management , Danny Werfel , OMB , Richard Gregg , Treasury , Tom Coburn , Tom Carper , Senate Homeland Security and Governmental Affairs , improper payments , SSA , Death Master File , information sharing , Marianna LaCanfora , Jason Miller

Thursday - 05/09/2013, 05:49am EDT
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Agencies forced to freeze office space footprint

A memo from Controller Danny Werfel requires agencies to submit a plan to maintain current total square footage for office and warehouse space. Agencies must offset any new growth by disposing of current leases.

Tags: real property , Danny Werfel , GSA , Freeze the Footprint , Lauren Larson

Thursday - 03/14/2013, 08:18pm EDT

CFOs relying more on data, managing risk to find budget efficiencies

A new Federal News Radio survey finds agency financial managers have moved up to the next level and are using information and performance metrics to inform their decision making. Respondents say they are finding ways to use data to find efficiencies. Workforce training, retaining and hiring are among their top priorities. The survey is part of Federal News Radio's special report, Rise of the Money People.

Tags: Exclusive , Rise of the Money People , management , CFO , sequestration , performance measurement , data analytics , Jason Miller

Wednesday - 04/10/2013, 04:37am EDT
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DoD makes auditability a priority, but will likely miss 2014 deadline

The Defense Department's attitude toward the importance of auditability has undergone a marked change, but experts believe compliance with its next legal deadline will be a stretch.

Tags: Rise of the Money People , DoD , audit readiness , Congress , Mike Conaway , DoD IG , Dan Blair , Tracy Porter , Grant Thornton , Jared Serbu

Friday - 04/12/2013, 05:28am EDT
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Agency collaboration key to saving money

As the new chairman of the Senate Governmental Affairs subcommittee that oversees the federal workforce and government efficiency, Sen. Jon Tester says he will work to improve government services by pushing for better inter-agency collaboration and smarter investments that produce results.

Tags: Jon Tester , Montana , Rise of the Money People , collaboration , duplicative programs

Wednesday - 04/10/2013, 06:58pm EDT
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